ExxonMobil denies PNG tax waiver

ExxonMobil has strongly denied reports that it will not pay income tax on earnings from the giant PNG LNG liquefied natural gas project under recent changes to Papua New Guinea’s tax law.

Seeking benefits: PNG Prime Minister Michael Somare
Seeking benefits: PNG Prime Minister Michael Somare
Published 10 March 2010, 06:32Updated 10 October 2016, 15:22
Asia & Oceania